Monument, a new challenger bank aimed at the UK’s mass affluent, has chosen its technology vendors.
In Brief:
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It has chosen Mambu, Salesforce, Amazon Web Services, Persistent Systems and Accenture.
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It now has a limited banking licence and hopes to launch next year.
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Its platform aims to bring together many technology solutions.
What does this mean?
Monument has been building the foundations for its platform over the past few months. It aims to work with partners as well as developing its own technology where it can bring an advantage. The FinTech will target professionals, property investors and entrepreneurs.
